iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) Position Lifted by Independent Family Office LLC

Independent Family Office LLC raised its stake in shares of iShares 1-3 Year Treasury Bond ETF (NASDAQ:SHY) by 3.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 37,549 shares of the company’s stock after buying an additional 1,100 shares during the period. iShares 1-3 Year Treasury Bond ETF makes up 1.6% of Independent Family Office LLC’s portfolio, making the stock its 14th biggest position. Independent Family Office LLC’s holdings in iShares 1-3 Year Treasury Bond ETF were worth $3,122,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Captrust Financial Advisors lifted its position in iShares 1-3 Year Treasury Bond ETF by 72.7% during the 3rd quarter. Captrust Financial Advisors now owns 8,465,842 shares of the company’s stock worth $703,935,000 after buying an additional 3,563,486 shares in the last quarter. Cerity Partners OCIO LLC acquired a new position in iShares 1-3 Year Treasury Bond ETF in the second quarter valued at approximately $129,075,000. LPL Financial LLC raised its position in shares of iShares 1-3 Year Treasury Bond ETF by 21.8% during the third quarter. LPL Financial LLC now owns 6,658,791 shares of the company’s stock worth $553,678,000 after purchasing an additional 1,193,337 shares during the period. The Manufacturers Life Insurance Company grew its stake in iShares 1-3 Year Treasury Bond ETF by 179.8% in the 3rd quarter. The Manufacturers Life Insurance Company now owns 849,985 shares of the company’s stock valued at $70,676,000 after purchasing an additional 546,239 shares during the period. Finally, Mizuho Markets Americas LLC purchased a new stake in iShares 1-3 Year Treasury Bond ETF during the 3rd quarter worth about $44,917,000. 23.62% of the stock is currently owned by institutional investors and hedge funds.

iShares 1-3 Year Treasury Bond ETF Stock Performance

Shares of SHY stock remained flat at $82.05 during mid-day trading on Tuesday. The stock had a trading volume of 5,102,318 shares, compared to its average volume of 4,019,678. The company has a 50-day moving average of $82.39 and a 200-day moving average of $82.21. iShares 1-3 Year Treasury Bond ETF has a 52-week low of $80.91 and a 52-week high of $83.30. The firm has a market capitalization of $22.51 billion, a PE ratio of 3,695.45 and a beta of 0.01.

iShares 1-3 Year Treasury Bond ETF Cuts Dividend

The business also recently announced a dividend, which will be paid on Thursday, December 5th. Shareholders of record on Monday, December 2nd will be given a dividend of $0.2653 per share. The ex-dividend date of this dividend is Monday, December 2nd.

iShares 1-3 Year Treasury Bond ETF Profile

The iShares 1-3 Year Treasury Bond ETF (SHY) is an exchange-traded fund that is based on the U.S. Treasury 1-3 Year index. The fund tracks a market weighted index of debt issued by the US Treasury with 1-3 years remaining to maturity. Treasury STRIPS are excluded. SHY was launched on Jul 22, 2002 and is managed by BlackRock.